3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: Wayners who wrote (17264)	6/11/1998 5:23:00 PM
From: joe	Read Replies (2) of 45548

>>Yea a retest of $27 1/2 and a better shot at breaking it this time around. First try to break $30 will fail.<< By the time we get to $30, it will be next week, maybe latter half, and those days will be dominated by options play. So, I'm not so sure what we can say about passing $30 in a significant way, unless, options play itself can force it up past $30. The one thing this stock has going for it is the volatile movement on low volume. This might be able to do what may seem impossible, if we see some heavy hitters. A few days after expiration friday will be the earnings report. I'm not sure what the 2 days before that will be like, but wouldn't be surprised if there will be a lot of nervous selling. Are you going to try your hand at COMS again? <g> It seems like a hard stock to trade....

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